New Car Extended Warranties
The extended warranties market is flourishing and you will find a lot of offers on the market for your new car. Remember to check if your vehicle needs one before you buy. Generally, new cars do not require an extended warranty, because today most new cars come with a good warranty for 36, 000 miles or three years, which has now become standard. Some expensive brands have a four-year, 50, 000 mile warranty.
Cars are kept for longer periods, and wear and tear and other mechanical failures can be expensive. Here the extended warranties come in handy. There are different levels of extended warranties, ranging from the ones that cover only mechanical breakdowns to others that cover even minor problems. They can be thus broadly classified as luxury coverage warranties, exclusionary auto warranties and intermediate auto warranties.
Most extended warranties for new cars provide bumper-to-bumper coverage, and some plans covers luxury parts like the GPS/navigation, DVD/entertainment systems, phone and Internet access systems, and the emission system. The bumper-to-bumper warranties cover all the parts of your vehicle. These warranties do not cover only some excluded items. The warranty companies provide these lists. These types of warranties are good buys. The intermediate warranties cover ABS, power, turbo etc. They have more advantage than the basic car warranties. Some warranties charge extra for high tech systems like the ABS, sensors, and emissions systems. But beware; the dealers can trap you giving a long list of advantages of the extended warranties, through which they get a better deal.
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3 Dec 2008 at 1:00pm  RGE Monitor |
Why GM Should File For Bankruptcy with a DIP-Twist Help From Its ... RGE Monitor, NY - 5 hours ago As noted, these firms are facing the likely prospect of an extended, severe economic recession in the US and abroad, not to mention the staggering weight of ... | Read more...
2 Dec 2008 at 4:06pm
Chrysler plan to Congress requires $7 billion in loans to ward off ... Autoblog, CA - Dec 2, 2008 Additionally, these customers would not be covered by ongoing warranties and would find replacement parts and service difficult to obtain over time. 4. ... | Read more...
2 Dec 2008 at 3:57pm Updated from 3:08 p.m. EST Stocks in the U.S. finished on the upside Tuesday, as General Electric ( GE Quote - Cramer on GE - Stock Picks ) narrowed its earnings forecast and the Big Three automakers returned to Capitol Hill hoping to secure a ... Read more...
2 Dec 2008 at 1:34pm Updated from 2:04 p.m. EST Following a heavy selloff in the previous day's session, stocks in the U.S. were staging a rebound Tuesday, as General Electric ( GE Quote - Cramer on GE - Stock Picks ) narrowed its earnings forecast and the Big Three ... Read more...
1 Dec 2008 at 4:06pm IS A BANKRUPTCY THE BEST OPTION FOR GENERAL MOTORS , Chrysler and Ford ? While their CEOs insist otherwise and the risks would be high, a growing chorus of outsiders says yes. "It's the only real option that would allow GM to take the steps necessary ... Read more...
1 Dec 2008 at 5:10am
No Bailout for Detroit? What Happens to Your American Car? Women on the Web, NY - Dec 1, 2008 (It should be noted that extended warranties are OK in a bankruptcy scenario, because they are sold and serviced by third-party firms, not the Big 3.) 3. ... | Read more...
29 Nov 2008 at 5:49am
A Real Bailout for Auto Makers Barron's - Nov 29, 2008 A GM failure would mean "more aid to specific states like Michigan, Ohio, and Indiana, and more money into unemployment and extended benefits. ... | Read more...
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